Alabama Code (Last Updated: November 28, 2014) |
Title19 FIDUCIARIES AND TRUSTS. |
Chapter5. PRECLUSION OR MINIMIZATION OF GENERATION-SKIPPING TAX. |
§19-5-8. Purpose of chapter.
Latest version.
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The purpose of this chapter is to authorize a fiduciary to take appropriate action to preclude or minimize to the extent possible the imposition of the GST, and this chapter shall be broadly construed to effectuate this purpose.